Brookings Institute Ranks Tampa In Last Economic Tier

Tampa comes out near the bottom in a survey that ranks the largest 100 metro areas in groups of 20 by indicators including economic output, unemployment and housing. The Brookings Institution rates the Tampa-St. Petersburg-Clearwater area in the "weakest 20." The region's rankings included:

•21st highest unemployment rate at 10.4 percent;

•92nd in growth in "gross metropolitan product," which has fallen 5.5 percent from its peak through the first quarter of 2009; gross metropolitan product is the value of all the goods and services produced in a metropolitan area over a year's time;

•87th place in housing price change, with real housing prices down 13.2 percent from the fourth quarter of 2008 through the first quarter of this year.

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